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Consolidation 10 to 1
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savinma
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05-Jul-2023 11:31
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don?t listen to tankoksee, he is just full of air. If going up, he will shout 10c , if down,he shout 2c.
at 0.025, they can already convert at 0.02, and still make good profit. so far , a few batches of conversion 8.1m, 12+m, 12+m all at 0.0245, based on 80% of average of around 0.03+ . Put in $800,000 so far, get back more than a mil - not bad for 3 day work. We can only drool
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hschsc
Master |
05-Jul-2023 11:20
Yells: "Invest in financially healthy companies" |
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Mostof the conversion share were at $0.0245 to $0,03. many were trading in these few days. How low there want to go? 
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tankoksee
Supreme |
05-Jul-2023 11:17
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2 cts otw.......... |
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savinma
Member |
05-Jul-2023 11:09
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to be clear, it is higher of 2 scenarios - 0.02 or 80% of 3 days transacted average. the current few days should see weeding of contra players who jumped in the runup last week from 30 to 60, and back. company itself isnt that rosy in any case, but there was initially low available shares, until all these conversions. T2S main beneficiary these days, kudos to Thong, wonder how he negotiated for these Bonds based on a post consolidation conversion value prior
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superstartup
Supreme |
05-Jul-2023 10:39
Yells: "Enjoy doing Fundamental Research" |
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The lowest (min) conversion price is 0.02 per share for the recently issued convertible bond
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fighting
Master |
05-Jul-2023 09:24
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Collected yesterday 0.029. Next week huat
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hschsc
Master |
05-Jul-2023 09:18
Yells: "Invest in financially healthy companies" |
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Some investors undercut the price, leaving shareholders who have just received new shares with little profit. It is necessary to push up the stock price again to stabilize it.
 
 
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Johnsnow
Elite |
05-Jul-2023 08:17
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Let see how low it can go to
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ThroneKingdom
Senior |
04-Jul-2023 18:17
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keeping drop i saw sgx report issue shares price 0.02xxx it meay reach until this level | ||||
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tankoksee
Supreme |
04-Jul-2023 16:35
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v dark..sgx buy in has no transparency.. wtf.........
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savinma
Member |
04-Jul-2023 15:51
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understand why you bought into this counter in the first place. meet objective ( or wrong ) then do the needful and get out. be careful, tomorrow another 12m+ new conversion shares ( at 0.0245 ) https://links.sgx.com/FileOpen/MediLife%20Ann%20-%204th%20Conversion%20to%20Shares%20final2.ashx?App=Announcement& FileID=764235  will join the market. Can only hope some invisible hands push a bit to sell again like T2S with their 8.1m+.. Else even at 3c is a 25% gain for them. see what has been reported in SGX  here  https://www.sgx.com/securities/company-announcements?value=MEDI%20LIFESTYLE%20LIMITED& type=company then decide what you should do. Buyin is when someone short sell ( without free scrips available ) and SGX will do buy in against them 2 days later ( in a separate platform, accessible via your remisiers ) I think the remainder 2.7m+ which was not covered in Buyin yesterday was settled privately or borrowed scrips, or scrips made only available today. Thats why today nothing left for Buy In. Good luck, just go with the flow if possible. caveat emptor   |
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mattohoh
Elite |
04-Jul-2023 15:14
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how come nobody buy in? Good or bad?
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savinma
Member |
04-Jul-2023 15:11
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no buyin today for Medi Lifestyle. ( imho )  when tankoksee talks, take it with a pinch of salt, or use it as an indication for trade
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Johnsnow
Elite |
04-Jul-2023 12:31
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Standby 1 side to wait
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fighting
Master |
04-Jul-2023 11:36
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Will stay low volume this week, its time to collect. | ||||
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SLLIMJ
Senior |
04-Jul-2023 09:56
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how to know when SGX going to buy in? I also had some to release
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mattohoh
Elite |
04-Jul-2023 08:12
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Will we see a uptrend today. DYODD | ||||
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noobnub
Supreme |
03-Jul-2023 23:42
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tomorrow buyin dont go up too high otherwise i sell those i picked up maybe huat till go ICU haha
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tankoksee
Supreme |
03-Jul-2023 22:15
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46 is sgx buy in price at 5pm closing... 32 is ready mkt price...some people/shorties..knew the conversion today so heavily continued shorting... let' s see Tom how it would trade,,,, it seemed last week heavy shorting when the conversions started.. see how much sgx buy in price..oso
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savinma
Member |
03-Jul-2023 21:45
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in my opinion, thin ice here for the next month and a half.. Just look at T2S, convert to  8.1m+ shares at 0.245c on 23 June 2023, sold almost all at 0.45c average 4 days later ( 2 trading days ) on 27 June. Forked out $200k and pocket $366k+ within 2-3 trading days.  watch out for more similar maneuvers, easy money for these Bond holders. How this can happened ? Watchdog slacking as usual. but you never know what they can do, but safer your own money is in your own pockets. DYOD |
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